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Heidmar takes over Landbridge Ship Management

Athens-based pool operator and shipmanager Heidmar is expanding its operation with the addition of Landbridge Ship Management in Hong Kong.

The move will see the Pankaj Khanna-led outfit with over 60 tankers and bulkers under commercial management expand its offering to include technical shipmanagement.

“By integrating technical management into its portfolio, Heidmar aims to streamline vessel operations for owners and operators, enabling them to focus on their core business objectives,” the company said.

Landbridge Ship Management (LBSM) was founded in 2018 as one of the youngest shipmanagement companies in Hong Kong. It operates five modern VLCCs owned by Huwell Group. 

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Heidmar said it aims to build on LBSM’s track record of securing long-term charters with first-class clients “and grow the fleet in the tanker sector and other shipping markets”.

“In the future, the Huwell Group will explore more opportunities to grow together with Heidmar in different areas of shipping,” added Stone Xu, chief executive of Huwell Services.

Commenting on the expansion, Heidmar chief executive Pankaj Khanna (pictured) said: “The introduction of technical management represents a significant milestone for Heidmar. As a former seafarer myself, I recognise the invaluable contribution of seafarers to the global economy. We remain resolutely committed to the men and women who serve onboard vessels worldwide.”

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In related shipmanagement news Hong Kong-based Anglo-Eastern recently made headlines with a deal to buy Euronav’s shipmanagement arm in Greece and assume responsibilities for the tankers currently under its management.

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